430 Main Ave Norwalk, CT 06851-7004
Property profile & analytics
430 Main Ave, Norwalk, CT 06851-7004
- Investment properties
- 34,583 SF
- 1.52 lot acres
Property ID
US15-0644754
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Angel Reflexology / Alternative Medicine Practice / Spa & Massage Center
- Studio Arte / Association / Organization
- The Next Street Driver Rehabilitation Services / Social Service Agency
- Sai LLC / Business Management Consultant
- Rejuve Therapeutic Massage LLC / Alternative Medicine Practice / Spa & Massage Center
Property Details for 430 Main Ave
- Year built
- 1990
- Construction
- STEEL FRAME
- Lot size
- 1.52 lot acres
- Zone code
- B2
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- NORW M:5 B:22B L:11
- APU
- NORWM5B22BL11
Description
This three-story, 34,583 square-foot retail and office building in Norwalk, CT, offers exceptional leasing opportunities. Located at a signalized intersection on Main Avenue, the property boasts 220 linear feet of frontage and two curb cuts, ensuring high visibility and accessibility. The 1.52-acre site provides 75 shared parking spaces for tenants and customers. Currently, three spaces are available: a divisible 2,380 square-foot retail unit (previously $35/RSF NNN, now $30/RSF NNN), and two second-floor office spaces, one at 1,100 square feet and another 950 square-foot unit (available January 2025). Both office spaces are leased at $25/RSF NNN (previously $27.27/RSF NNN). The building features prominent monument signage and additional signage along Main Avenue. This prime location is across from the revitalized Merritt 7 Corporate Park, near over 2,000 new apartments, and within easy reach of major roadways including the Merritt Parkway (Exit 40), Route 7 connector, and I-95. Nearby amenities include Walmart, Stop & Shop, LA Fitness, and several hotels. The minimum leasable space is 1,100 square feet, with a maximum contiguous space of 2,380 square feet. The building was constructed in 1992 and is zoned General Urban Corridor Community District (CD-3C). The building has 14 total suites. Currently, 3,480 square feet of space is vacant.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $5,975,000
- ML approach
- $6,075,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $7,127,000
Market price range: $6.18M - $10.9M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $8,350,000 Current use
- RESTAURANT
- $8,885,000 Change: +6% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $8,080,000 Change: -3% Conversion: Difficult
- OFFICE BUILDING
- $7,490,000 Change: -10% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Norwalk
- County
- Fairfield
- State
- Connecticut
- Longitude
- -73.4257
- Latitude
- 41.1478
- CBSA code
- 14860
- CBSA name
- BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$99,492
$1,843,300
$2,110,900
$3,954,200
-
$0.00
$0.00
$0.00
